Near Memory Compute (NMC) In-SSD Processor Market to Reach USD 1.28 Billion by 2036 as AI Inference Accelerates Computational Storage Adoption
The rapid expansion of artificial intelligence, cloud computing and enterprise data infrastructure is increasing the amount of information that data centers must process and retrieve. As storage workloads become more demanding, conventional architectures that repeatedly transfer large datasets between storage devices, system memory and host processors can create performance and energy-efficiency limitations. Against this backdrop, Near Memory Compute (NMC) in-SSD processors are gaining attention as an emerging approach to bringing selected computing operations closer to stored data. According to SemiconductorInsight, the global Near Memory Compute (NMC) In-SSD Processor Market stood at USD 211 million in 2026 and is projected to reach USD 1,280 million by 2036, expanding at a CAGR of 19.8% during the 2027–2036 forecast period. North America accounted for approximately 43% of base-year revenue, while Asia-Pacific represents an important manufacturing center because of its NAND fla...